JPMorgan lowered the firm’s price target on Universal Music Group (UMGNF) to EUR 41 from EUR 42 and keeps an Overweight rating on the shares.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on UMGNF:
- Universal Music’s Downtown Music to be probed by Europe, FT reports
- Universal Music Group upgraded to Overweight from Equal Weight at Wells Fargo
- Anthropic Defeats Music Publishers’ Bid to Block AI Training in Copyright Lawsuit
- Anthropic Scores Early Hit in Universal Music Group (UMGNF) Case
- Anthropic prevails in early round of publishers’ AI copyright case, Reuters says